Esma said to be mulling softer Mifid transparency rules
Meetings held within Esma on June 4 and 5, as regulator weighs options
European regulators are said to be considering a softening of the unpopular transparency regime contained in the second Markets in Financial Instruments Directive (Mifid II). Critics have dubbed the existing proposals "a deal-killer" - claiming they would drive up the cost of trading and damage liquidity.
Two industry sources claim internal meetings were held by a key committee of the European Securities and Markets Authority (Esma) on June 4 and 5, at which officials discussed various ways to
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